Bucharest, February 22th, 2022 – The Romanian Investor Relations Association (ARIR) is glad to announce a new Associate Member – BRD – Groupe Société Générale (BVB: BRD), the third largest bank in Romania by total assets. BRD shares have been traded on the Bucharest Stock Exchange since 2001, being included in the main indices of the local stock exchange and those of Vienna Stock Exchange. With over 2 million customers, BRD is one of the leaders in the retail banking market and one of the main creditors of SMEs.
Flavia Popa, BRD General Secretary:
‘BRD is a promoter of the local capital market. As listed company, we have always pursued the implementation of best practices in corporate governance and communication with investors and all BRD stakeholders, as in fact, it must be done by a company that operates in accordance with ESG standards. Today, we gladly join ARIR community, which has also been supporting the development of the capital market for more than 3 years.’
Daniela Șerban, ARIR President & Co-founder:
‘We are delighted to welcome BRD – Gr. Soc. Gen, one of the leading companies listed on BVB. The association of more and more companies from BET index and not only gives us an increasingly united voice of the active companies in the capital market. Our community collaborates in the area of listing benefits, identifying tools that will allow us to have a more efficient market and a fair evaluation of the issuers.’
BRD is owned by Société Générale, one of the largest European financial services groups, with 133.000 employees in 61 countries and 30 million customers worldwide. The group of companies formed around BRD in Romania includes specialized subsidiaries in financial and operational leasing, asset management, pensions, life and general insurance and consumer loans.
ARIR was founded at the initiative of Daniela Șerban in November 2018 together with the founding members: Bucharest Stock Exchange (BVB), ALRO, Electromagnetica, Franklin Templeton Management – Bucharest office, Hidroelectrica, Nuclearelectrica, Teraplast, Transelectrica and Tony Romani. Electrica, OMV Petrom, Antibiotice, Purcari, Idea Bank, BRK Financial Group, Banca Transilvania, Transgaz, MedLife, Romcarbon, Farmaceutica REMEDIA, Autonom, IMPACT Developer & Contractor,2Performant, One United Properties, Transport Trade Services, Patria Bank and Connections Consult joined the community as Associate Members. INNOVA Project Consulting, ENVISIA, RTPR, Intercapital Invest, eVote, Mazars and Marsh Insurance – Reinsurance Broker became Affiliate Members.
ARIR Members are among the largest companies in Romania, which have in common the desire to implement the best practices of transparency, communication with investors and corporate governance.
About Romanian Investor Relations Association (ARIR):
ARIR is a non-governmental and non-profit organization that was set-up to provide current and potential issuers a platform for the development of Investor Relations (IR) professionals and contribute to the implementation of best practices in investor communication and corporate governance. It was established in November 2018 and its members are listed companies, companies with potential to become listed companies, fund managers, IR professionals as well as consultants. The founding members are BVB, ALRO, Electromagnetica, Franklin Templeton Management – Bucharest Branch, Hidroelectrica, Nuclearelectrica, TeraPlast, Transelectrica, Daniela Șerban and Tony Romani, while Electrica, OMV Petrom, Antibiotice, Purcari, Idea Bank, BRK Financial Group, Banca Transilvania, Transgaz, MedLife, Romcarbon, Farmaceutica REMEDIA, Autonom, IMPACT Developer & Contractor, 2Performant, One United Properties, Transport Trade Services (TTS), Patria Bank and Connections Consult joined as Associate Members and INNOVA Project Consulting, ENVISIA, RTPR, Intercapital Invest, eVote, Mazars and Marsh Broker de Asigurare – Reasigurare as Affiliate Members.